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Ubuntu Edge smartphone breaks $10.2m crowdfunding record

Still likely to miss target
Fri Aug 16 2013, 12:19
Teaser shot of Ubuntu Edge smartphone as firm seeks crowd funding

SOFTWARE DEVELOPER Canonical has broken a crowdfunding record for its Ubuntu Edge smartphone.

According to the firm it has now raised more money than the Pebble smartwatch and still has almost a week left to run.

"When we started this campaign three weeks ago, we hoped it would resonate with our community. So, to break the world record for a crowdfunding campaign is absolutely mind-blowing," said Canonical CEO Jane Silber.

"We felt that innovation had substantially slowed down in the mobile industry, so [we] wanted to address this. We're still astonished by the generosity of our community and will continue to do all we can to make the Ubuntu Edge a reality."

Canonical launched the Ubuntu Edge phone crowdfunding campaign three weeks ago and had a good first 24 hours, pulling in around $3m.

Since then it seemed to flag, until at least one enterprise package was sold. Just a week ago it had $8,509,946 invested towards its $32m goal. Now it is about $2m closer.

That still leaves it with around $20m left to raise, which is quite a large amount of money.

According to the Canonical the Ubuntu smartphone project has generated a good buzz, and the story is being tweeted about at least twice a day. A Reddit chat with Canonical founder Mark Shuttleworth generated over 3,200 questions this week.

Canonical claimed it needs to raise all the money in order to deliver its concept smartphone and PC handset. The Ubuntu Edge handset is offered to anyone who pledges over $695. Canonical said it will produce a first run of 40,000 devices. µ

 

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